I thought this table was worth passing along as it was interesting to scan the historical inflation percentages. The 70’s and early 80’s was rocked with high levels, but other than 1991 & 2008, levels have been low to moderate. Last month we hit 5% and that hadn’t happened since 1991, the fed has remaining somewhat steady in their messaging but Janet’s recent comments could be a indicator. (She said a little inflation is ok)
I just wonder how much higher it could go, and what exactly transitory means from this point forward. We’ve all seen constant rotations this summer and it’s been hard to get a grasp on where the market is moving. Are there higher levels of Inflation that can still warrant continued returns on growth names? Or are we entering a period of defense/value names? It’s a very interesting time.
Submitted July 07, 2021 at 08:03AM by hellahater https://ift.tt/3AClXf1
